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Buying today?
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Spikes
Posted 2/2/2024 14:28 (#10605365 - in reply to #10605312)
Subject: RE: Buying today?


The crash mode today was 441.5 and we closed above it so we are not in crash mode. It's testing that key reversal on the 30th currently and put in another outside reversal closing below yesterday's low today. The energy indicator that measures the strength between the bulls and the bears has been rising for the last few days indicating that the bulls are starting to buy. Monday is a turn date with a double directional change on the daily level with another one on Tues...with the weekly listing a panic cycle with a high likely to be established for that week.

Have to see how the numbers look tonight. 

Sorry...I've been distracted lately... :)




Edited by Spikes 2/2/2024 14:58
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